How to receive money on PayPal from a friend
In other to receive money from a friend via PayPal, you of course most have signed up to PayPal using an Email, that Email becomes more like your PayPal Bank Account, next step you need to take is to makes sure you verify your PayPal Account, then you have to make sure you add a Bank Account that is eligible to receive money in it, then you also need to verify that Bank Account or Credit/Debit Card.
So in order to receive money from your family and friends, all you need is to provide them with the Email you used in opening your PayPal Account, which you used in signing up and Logging to your PayPal Account, that then becomes your PayPal Email. Now depending on the amount you want to receive, you might just get blocked on PayPal or get your money freeze if you have not verified your account to receive certain amount of money and then you received them.
Let’s say you have not verified your PayPal Account, you will not be able to receive $1,000 at once.
If for instance you have never received any amount of money on PayPal, and out of the blues your family or friend sends you about $10,000 to your PayPal Account, just be rest assured that your PayPal Account will be freeze, then you have to go through the necessary verifications to get your PayPal Account un-freeze. If you are receiving smaller amount of $10 or $50 for the first time in your PayPal Account without verification, then it’s not a problem. So all you need to do is to give your family or friend your PayPal Email to receive money into it. If you don’t have a bank account to link to your PayPal or you are in a country where bank account does not show as option in your PayPal Account, then you have to link a Credit/Debit Card to receive money into your PayPal Account, after which you can then receive money and withdraw.
You can also create a customized link of your PayPal Account, which you can easily send to your family or friend and then they make payments via that PayPal link, the link will be seen as this: Paypal.me/
What is my PayPal ID to receive money from a friend?
If you have a PayPal Account and know your email address for which you use to sign up and log in to your PayPal Account, then you already know how to receive money on your PayPal Account, that Email stands as your PayPal ID, all you need to do is to give your friend that ID and they can send you money through PayPal.
Someone sent me money on PayPal how do i claim it?
In other to claim your money on PayPal, it means you already have a PayPal Account, you already have added your Debit/Credit Card or your Bank Account to your PayPal Account, you already have verified your PayPal Account and have sent someone your PayPal Email to receive funds into your PayPal Account.
Now since you have done all that, claiming your funds won’t be a problem, your funds will automatically be deposited into your bank account or the debit/credit card bank account in which you connected and verified in your PayPal Account, it can take 2-7 days to get funds into your bank account, as PayPal will have to process this funds before sending it to your connected payment method.
is PayPal safe to receive money from friends and families?
PayPal has been around since the beginning of online transactions, as a matter of fact PayPal use to be the only method accepted on eBay. They have got a great history owing to the fact that they own other small companies like Venmo, etc.
PayPal has got a strong encryption system to keep your transaction safe, it however doesn’t share financial information with the sender nor the receiver, unlike writing a Cheque and sending it through the mail.
PayPal really wanted to protect buyers and sellers at all cost, so they had to develop something called website purchase protection, this allow buyer or a seller to log in dispute about the transaction via PayPal, keeping the community more safe and far from conflict on transactions via PayPal.
How to receive money in PayPal without paying fees
PayPal often charges fees to the sender or the receiver, those fees that PayPal charges actually depends on the sender and ofcourse the receiver. Let’s say the receiver lives in USA and the sender lives in UK, automatically sender’s account whom lives in UK will show the Pounds currency on their PayPal Account, to avoid charges for both the sender and the receiver, the receiver needs to tell the sender to send the money using the currency for which the receiver uses, then sender have to select that currency when sending money to the receiver, for example the sender whose account automatically shows pounds currency because of their region needs to change that currency to USD which is the bank currency of the receiver. In this way, the receiver won’t pay fees for the money sent to their PayPal Account.
